Pooling of forecasts

We consider forecasting using a combination, when no model coincides with a non-constant data generation process (DGP). Practical experience suggests that combining forecasts adds value, and can even dominate the best individual device. We show why this can occur when forecasting models are differen...

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Detalles Bibliográficos
Main Authors: Clements, M, Hendry, D
Outros autores: Royal Economic Society
Formato: Journal article
Idioma:English
Publicado: Blackwell Publishing 2004
Subjects:

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